Prophet Muhammad’s advice on business: 1- He used to enjoin traders to be righteous and honest and to give charity. 2- He used to enjoin people to be tolerant and easy-going in buying and selling. 3- He used to give people their rights and urge others to do likewise. 4- He used to urge people to let a buyer cancel the transaction if he regrets it. 5- He used to bargain with people when buying, but he would not go so far as to undermine the real value of the item 6- He used to urge people to give a little more when weighing. 7- He used to enjoin people to give more time for a debtor who is in financial difficulty, or to waive the debt. 8- He forbade transactions involving Riba and transactions involving ambiguity.

`Abdullah ibn `Abbas was called the scholar and the ocean, because of his abundant knowledge and his deep understanding of subtle issues. He was the scholar and jurist of the Ummah, the spokesman of the tribe, a brilliant reflection of prophethood, and the one for whom the Prophet prayed to have deep understanding of the faith and of the Quran, thus he was known as the interpreter of the Quran.